01157066

Component

https://doi.org/10.3141/2174-18

http://scholar.google.com...eira&publication_year=2010

By taking advantage of two recent data sets with exceptional spatial detail, this research is a comprehensive and spatially disaggregate study of the relationship between the built environment and residential property values in the Boston, Massachusetts, metropolitan area. The study computes 27 built environment variables at a 250 m × 250 m grid cell level, uses factor analysis to extract five built environment factors to mitigate multicollinearity, and integrates built environment factors into hedonic price models. Spatial regression techniques are applied to correct spatial autocorrelation. Residential property values are found to be positively associated with accessibility to transit and jobs, connectivity, and walkability and negatively related to auto dominance. Built environment effects depend on neighborhood characteristics.

01324592

10-1347

English

pp 138-147

2010

Transportation Research Record: Journal of the Transportation Research Board

9780309160445

Print

Maps (1) ; References (32) ; Tables (4)

Accessibility; Automobile travel; Built environment; Empirical methods; Property values; Public transit; Residential areas; Walking

Job access

Boston Metropolitan Area

Highways; Planning and Forecasting; Public Transportation; I72: Traffic and Transport Planning

TRIS, TRB, ATRI

Jan 25 2010 10:36AM

• Accessibility-Based Multicriteria Analysis for Facility Siting
• Best Practices and Common Approaches for Considering Sustainability at U.S. State Transportation Agencies
• Can Transit-Oriented Development Reduce Peak-Hour Congestion?
• Comparing Methods for Measuring Excess Commuting and Jobs–Housing Balance: Empirical Analysis of Land Use Changes
• Development of a Microsimulation Analysis Tool for Paratransit Patron Accessibility in Small and Medium Communities
• Do Freeway Traffic Management Strategies Exacerbate Urban Sprawl? The Case of Ramp Metering
• Dynamic Wide-Area Congestion and Incident Monitoring Using Probe Data
• Estimating a Statewide Transportation Infrastructure Funding Shortfall Using Long-Range Plans of Metropolitan Planning Organizations
• Five Years of Experience with the ConnectOregon Multimodal Funding Program
• Governance of Metropolitan Planning Organizations: Board Size, Composition, and Voting Rights
• Hedonic Analysis of Office Space Rent
• Improving Shuttle Ridership Using Intelligent Transportation System Technologies: National Park Case Study
• Incorporating Uncertainty into Transportation Decision Making: Sustainability-Oriented Approach
• Integrated Multiple-Criteria Decision-Making Method to Prioritize Transportation Projects
• Measuring and Assessing Perceptions of Success in a Transit Agency's Stakeholder Involvement Program
• Measuring Public Outreach: Estimation of Information Audience Rate
• Use of Intergovernmental Networks for Establishing a Collaborative Environment in Tribal Transportation Initiatives: Best Practices
• Using Aggregated Federal Data to Model Freight in a Medium-Sized Community